Golfsmith International Holdings, Inc. (NASDAQ:GOLF) has earned a consensus recommendation of “Buy” from the eleven brokerages that are covering the firm. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $22.30.

Several equities analysts have commented on the stock. DA Davidson reissued a “buy” rating and issued a $23.00 target price on shares of Golfsmith International Holdings in a report on Thursday. Deutsche Bank AG began coverage on shares of Golfsmith International Holdings in a report on Thursday. They issued a “hold” rating and a $20.00 target price on the stock. Credit Suisse Group AG began coverage on shares of Golfsmith International Holdings in a research note on Wednesday. They issued a “neutral” rating and a $20.00 price target on the stock. Jefferies Group began coverage on shares of Golfsmith International Holdings in a research note on Wednesday. They issued a “buy” rating and a $25.00 price target on the stock. Finally, Nomura began coverage on shares of Golfsmith International Holdings in a research note on Tuesday, November 22nd. They issued a “buy” rating and a $22.00 price target on the stock.

In other Golfsmith International Holdings news, insider William C. Burke bought 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were acquired at an average cost of $17.00 per share, for a total transaction of $850,000.00. Following the transaction, the insider now directly owns 128,678 shares in the company, valued at $2,187,526. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Wb Atlas Llc sold 4,029,099 shares of Golfsmith International Holdings stock in a transaction that occurred on Wednesday, November 2nd. The stock was sold at an average price of $17.00, for a total transaction of $68,494,683.00. The disclosure for this sale can be found here.

Shares of Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.24 on Tuesday. Golfsmith International Holdings has a 52 week low of $16.90 and a 52 week high of $20.50. The company’s market cap is $441.66 million. The firm has a 50-day moving average of $18.49 and a 200 day moving average of $18.49.

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